 Good morning and welcome to today's products and focus most markets still trading quite high with the US market getting close to all-time highs With the UK 100 getting very close to self and Japan 25 actually eight year highs So it's been a good run from most global equity markets finishing quite highly on Friday There's not been a massive continuation on this morning I was still waiting to see what's happening with it with Greece in the eurozone Which is the only thing that's going to stop in the markets from really letting letting losing and smashing through those top-end levels So we're only a small number points away from the all-time high there on the on the US there See let's just add that back in there just now And that should be just a little bit above 18,100 technicals are Still relatively neutral performance slow to cast it there That's just about going into overbought territory, but there's not yet any early warning signal to sell So from a technical perspective the US there. He still has a little bit of room for maneuver So people look at the UK when the hundred actually finished at the top end of its range on Friday It's not followed through this morning, but we are not a stone show away from sixty nine oh six point eight Which is that all-time high level on there? Previously reached in the mail last year And in September as well. So we might get there by the end of the day depending on How the American markets open regardless of government data, there's not a huge amount out today We have to fast-forward on to tomorrow a fair amount of UK data. You got CPI and PPI And then RPI so there's a lot of inflationary data due at 930 and then you got the ZAW business report at 10 So then looking at Japan 225 I Think we actually did manage to just about break this a eight-year high on Friday We've not had a fantastic start to today, but it's still Tours was hit. It was heady-high. We're still looking at 18,000 306 dollar yen relatively Flat I had come off last couple of days incidentally after the rumors of the Bank of Japan potentially looking to Scale back some of their potential stimulus measures that came out at the end of last week with dollar yen Currently we're in about 118 spot 60 And that I think Japan to do five that should be a little bit higher had that news not come out So if we didn't have a look at dollar yen You can see the the sell-off that we had there So that was actually Thursday Thursday morning UK time out when that news first started to circulate that a member of the Bank of Japan had a come out with that statement and You can see we're bouncing around the 21 and 55 period SMA The other technicals are firmly neutral With the MACD just bouncing around about that zero line So the fact is we've had a little bounce of the 21 period SMA, but it's just below 118 Obesity 119 which is a potential support slash resistance for some time So it'd be interesting to see over the next couple of sessions if that level remains firmly in play That should open up 117 spot 36 So crude had Very interesting run the last couple of days Some decent digit Increases on Thursday and Friday. We've not had a continuation of that today We are looking at potential resistance run about 54 spot 85 Coming into play soon. I'll be at the tips of these candles probably closer to $54 As indicative of the fact that there are some selling interest around about this this area The other technicals are still pretty pretty neutral now with the slow Stochastic and the RSI not yet into overbought territory And in fact the MACD just about to cost a zero line, which would be a bullish indicator So we do have cruel inventories Geo on Wednesday and almost every Wednesday to the past Six or seven weeks those figures have come out higher than expected I've caused these little sell-offs in West Texas that you can see here in the on these days So that was Wednesday and then you've got the Wednesday again I'm sure if you go back to the most these days, they all end up being Wednesday So I think your inventories this week will be keenly watched gold Again last last recession. We did have long the candles on on Wednesday and Thursday. Sorry on Thursday and Friday We managed actually to follow through already this morning We're trying to re-challenge 1242 And the dollar doesn't do have taken up at the back seat If you look at dollar yen dollars out dollar yen is obviously at one one 18 spot 56 You've got cable and your dollar both kind of Edging slightly higher. So I've actually started off with your dollar It's been in this This range around about one 14 for a number of sessions We should hear more today From that from that Greek and Eurozone leader session about what's actually going to be happening with the with the Greek deal So obviously going to take a couple of weeks for things to kind of really work themselves out But there is an important mean held today We are trading above the 21 pured SMA. Other technicals are relatively neutral With one spot 1642 still being the longer term potential resistance But we should know more by the end of today And if we finish up then with GBP USD Candles, they're still quite strong. We're having a re-challenge one spot 54 24 Which is trading above the 55 pured SMA The other technicals are beginning to move into overbought territory But there's not yet any kind of reversal signals just an early new there has been A decent amount of gains in the last 10 or so sessions A break one spot 54 24 opens up one spot 56 Which hasn't been seen since the end of last year. So That should be an interesting move for cable should be able to do it And we've so so much macro data due tomorrow for the UK It should be a it should be a good session From from a macro data standpoint So as ever keep you on the chart forum make insights particularly at going forward and join me again tomorrow to find out what the next